Republican Party projected to win majority in U.S. Senate

The Republican Party was projected, by multiple U.S. media, to win back the majority in the U.S. Senate early Wednesday after flipping two seats from the Democratic Party.

The two seats the Republicans won back from the Democrats are in the states of Ohio and West Virginia, with Bernie Moreno and Jim Justice emerging victorious, respectively.

With 66 seats not up for election this year and ballots still being tabulated in states in which races are underway, the current composition of the 100-seat upper chamber is 51 seats for the GOP and 42 for Democrats.

Whichever party to control the Senate will have a huge impact on the country's legislative agenda in the years ahead, as well as the makeup of the next presidential administration's cabinet.